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Search Results 0 to 22 of about 23 (some duplicates have been removed)
age to 67 and cap benefit hikes under social security. obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we negotiate." it will leave a different source of uncertainty on the table, like what would give the people the incentive to come back and do something tough. >> millions of workers in europe have joined a general strike today protesting the wave of spending cuts and tax hikes that has swept the continent in the name of austerity. spanish and portuguese workers are coordinating their strike with work stoppages also planned in greece, italy, france and belgium. we will have more on the strike after headlines. closing arguments have ended in a pretrial hearing to
would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today the president is scheduled to meet with ceos from a dozen companies. there's some of them on your screen. general electric, ford, ibm all playing a part. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed-door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would, quote, not budge when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio, richard trumka, was among those at the white house meeting. he said he and the president are on the same page. >> we're very, very committed to making sure that the middle class and workers don't end up paying the tab for a party that we didn't get to go to. the president led with that notion of protecting the middle class, and now you have republicans that have it in their power, they could sign a bill tomorrow that protects
the president had with house speaker boehner a year ago in the summer that you talked about putting social security and medicare on the table but this is a different tile. he's got an election behind him. he's got a majority now looking for a very different course. all of the polls show the overwhelming majority of americans, includion republicans do not want social security and medicare cut in order to deal with deficits, and so i think the president's got the high ground. i think he's going to see a mobilization of his own base, the entire base of the democratic party mobilize to say don't touch medicaid, don't touch medicare and social security, raise taxes on the rich, and protect the vulnerable and he's going to face a lot of his own people if he goes a different way. >> so, let's talk about taxes for a second. i don't know why we're having a discussion with republicans on attaches either. if we let the tax cuts expire and reinstitute the middle class tax cuts, which would be a guarantee, because every politician agrees, we would get $1 trillion. in the so-called grand bargain preside
to be here. thank you so much. >> thanks so much. >>> a fiscal cliff, it's coming and if obama and boehner don't compromise, could mean economic disaster, but some lawmakers say hey, there's no rush. actually, we should go over that fiscal cliff. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. >>> people are counting down the days until the nation goes off the so-called fiscal cliff. the tax cuts and cu
to make john boehner's life easier. you know, if ever--you know, you keep seeing this clip of george bush talking about all the political capital he has gained, right? this is the second electoral landslides. >> caller: the first thing that george bush did with that political capital was to privatize social security. that was the beginning of the end. that's when his second term got broken along before all the bad stuff happened. >> stephanie: you talk about this a lot, too, what happens on the sunday shows. >> caller: i took this week off by the way. >> stephanie: i don't know if you saw this, but this is what drives you and i crazy not just about the democratic party but mainstream media. this is the question that was asked of schumer. >> would you like to see the president bring him in for the negotiations over the fiscal cliff. >> caller: shoot me now. >> stephanie: really? >> caller: why? >> stephanie: really the guy that just lost by a landslide. >> caller: first of all, if you were hiring the guy why would you hire the guy? why would you bring aboard the guy whose economic plan was
$250,000. >> republicans under speaker boehner are saying, look, that's not going to happen. where is the wiggle room? how would you advise the president, the republicans to come up with something that's workable? >> well, you know, some sg is going to happen anyway, suzanne. if they don't reach agreement before the end of the year. those tax rates are going to go up, and the question is how long can the republicans in congress hold out once that happens, and they're going to be held responsible. there was a poll out yesterday that showed people will blame the congressional republicans for going off the fiscal cliff. people decide they had agreed with the president. the president has leverage. after the first of the year he is going to have more help in the senate, more help in the house, and he will have automatically higher tax rates, so the question will be will the republicans in the house and senate vote to lower the rates for the middle class because they will have gone up. one way or the other it will be resolved. that $3,500 tax on families, it's not going to happen. the qu
of influence in terms of those races. before hand, speaker boehner had a hard time getting some of his more conservative members to buy in to certain concrete hiatt -- compromises. going forward, we will have to see if the tea party conservatives will seem to have the same support. the president now has the upper hand and when he talks to speaker boehner he will have to take that message back and he gets a little bit more behind him. >> week and a shop with a meeting between the leaders and the white house. what is the dynamic? >> it will be very interesting to see. hopefully we will hear from them exactly what their conversation was with the president. it is unlikely that we're going to see a detailed agreement on specific issues. are we going to hear about tax breaks or how entitlement reform is going to happen in the deal? on not sure. these figures are going to be out there. they're all going to be scrambling to set the tone in the way that they want to set it. of they will have discussions like the democratic leaders also say let these are the areas where we made clear to republican le
of the year. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy. >> were they as uncomfortable as they look sitting next to each other? >> yes. >> yeah? >> yes. >> what did you learn from that? >> what can you say? they don't strike me as two guys that are going to sit down in a room over a whiskey and kind of work things out. they're very locked in their way s and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. they are both good at what they do in outmaneuvering one another. they're so politically far apart. why should we expect a compromise bill to happen? >> i think the future of the party of repub
between now and the first of the year. >> and on the house side, it's clear that boehner is sending a message to fellow republicans in the house who have got to make extra steps that we didn't before. >> i think that's true. and i think the president has responded by saying that i'm not whetted to the idea of tax rate increases. i'll settle for more revenue if that's what i can get. >> you got senators reid and mcconnell to actually sit together. >> it was like arranging the paris pease talks or the camp david talks. it wasn't easy. >> were they as uncomfortable as they looked sitting next to each other? >> yes. >> and what did you learn from that? >> well, i think that -- what can you say? they don't strike me as two guys that are -- can sit down in a room over a whiskey and kind of work things out. they're very locked in their ways and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. anybody who knows senator mcconnell and reid knows that. they're both very good at what they do, and outmaneuvering one another, which raises the qu
can pass the alternative. but it's your problem to get the votes. and boehner would be well put not to try to cut a deal with obama but instead to say paul ryan's going to bring a solution to the fix, we're going to gather votes for it. i guarantee you, you'll get the right to have a democratic substitute. and if you can get enough republicans to vote for it, terrific. but they do not have an obligation to concede that the only mandate in washington is the president's. >> you're talking about chains hiring people for 29 hours. i'm hearing that from small business owners across pensacola. >> yeah. >> my own district. on election night i got three different e-mails from small business owners going it's sad -- and i said this on the air a couple days ago. they said i'm going to have to put these people on for less than 30 hours and i'm going to lose my best people. i can choose to do that or fire six, seven people because my margins are so small i'm fighting to keep my business open. >> you track the number of layoffs and closures in the first week since the election, it's sobering
after the election you had john boehner come in and say, look, we'll be willing to accept some revenue increases at some particular point. but like i said before, i think it's a reflection of how weak obama was two years ago, otherwise we wouldn't be in this situation. i think the republican party realizes that they were absolutely wiped out last week, they really do need to negotiate more. barack obama needs to stand his ground for once, he never has to run for reelection again and i do think we can get a conclusion that's not going to lead us to some horrible economic apocalypse. but that's only if the republicans negotiate and barack obama remains strong. >> okay. i'm going to ask both of you for your predictions. how long will it take lawmakers to come up with a deal? maria? >> i think it will take up until the middle of december. >> jason? >> yeah, and -- >> it'll be a christmas surprise for everybody. i think they're going to be until the last minute and they're going to leave at the absolute last minute. both sides will hold out to look tough. >> but i think -- >> a box of compr
speaker boehner says 2013 should be the year he says we begin to solve our debt through tax and entitlement reform. don't hold your breath. for starters, there's not that much time left for this lame duck session of congress. after all, they have to get their thanksgiving and christmas vacations in, right? and the democrats might want to wait until january when they have a larger majority in the senate. then there's always the possibility that congress settles on a smaller deal, a temporary one. kick the can down the road again. but if nothing is done, taxes will go up for every single american, and we'll be looking square at another recession next year. none of this will be easy on americans' pocketbooks. that's the question. how will the fiscal cliff affect the way you handle your money. post a comment on my blog, or go to my post on "the situation room's" facebook page. >> love that analogy to thelma and louise. >>> and the growing scandal between two top generals and two married women. one powerful lawmaker describes it as something right out of a tabloid. joining us now
john boehner, eric cantor who will stay on with those rules that have had since 2011 when republicans took control of the house. in terms of strategy and approach, we are dealing with the same players we were dealing with before the election. host: turning toward the senate, what is the news there? caller: a lot of the same there as well. the republicans and democrats met yesterday morning behind closed doors and basically reelected the same leaders should have said for some time now. harry reid on the democratic side. on the republican side of mitch mcconnell and john corn and who is coming off of two cycles on the republican campaign committee. he will be replacing john kyl who is retiring. another couple of people down the ladder were reelected. there was an opening for for the campaign committee slot. thank you for talking with us. our question this morning is your level of confidence in the white house national security team. let's hear from carrie from michigan. caller: good morning. can you hear me? i think this is another cover up for the republican party. look at what condole
boehner said i don't want to put anybody in a box, they don't want to have some framework out there the markets are going to get all concerned about. but inside wall street, different analysts and investment houses are saying they're not certain that a deal is -- the kind of deal that wall street wants is going to actually get done. so that's still something to really be concerned about. a lot of comparisons going on in the debt ceiling debate of 2011 that started all this. that was a very hard time for investors. and for the public. now something that's a little more fun, faster and cooler, motor trend car of the year, this was a really cool tesla model "s" all-electric plug-in luxury car. the first time an electric car has been elected. eleven finalists. and this was a pretty solid field. the ford fusion, porsche 911. the hyundai azera and the editor at motor trend said at its core the tesla model "s" is simply a damned good car you happen to blug in to refuel. seats seven. in part because it doesn't have a big, bulky combustion engine. average 74.5 miles per gallon equivale
leaders including house speaker john boehner, house democratic leader nancy pelosi, senate majority leader harry reid and a republican mitch mcconnell. the first meeting since the election. they discussed what to do about expiring busheir tax reductions and across-the-board spending cuts set to hit in january called the fiscal cliff. they allowed cameras in the room before the talks. >> i want to welcome the congressional leadership and thank them for their time. we have -- factors don't go on middle class families that our economy remains strong and we are creating jobs and and that's the agenda that democrats and republicans and independents all across the country share so our challenge is to make sure that we are able to capri together and work to find common ground, make compromises and build consensus. all of us agree on this they want to see us focused on that but not our politics here in washington. my hope is this is the beginning of a process where we are able to come to an agreement that will reduce our deficit in a balanced way that we will deal with some of these long term enti
Search Results 0 to 22 of about 23 (some duplicates have been removed)